This property might be a fair Mid-Term investment with a projected 7.69% first-year return on $53,973 initial cash invested.
7.69%
Cash On Cash
9.8%
Cap Rate
1.45
DSCR
$2,175
Rent
$346
Cashflow
Cash Flow
$2,175 income − $1,829 expenses = $346 cash flow
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,973
Downpayment
20%
$34,260
Closing costs
1%
$1,713
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,175
Total Expenses
$1,829
Mortgage P&I
44%
$966
Property Taxes
3%
$59
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$261
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239